XML 199 R183.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Revenues from Contracts with Customers - Disaggregation by Segment (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total fees and other revenues per consolidated statements of operations | $ 4,320.5 | $ 4,095.9 | $ 4,137.8
Operating Segments |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 3,053.4 | 2,814.9 | 2,875.8
Operating Segments | Retirement and Income Solutions |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 667.1 | 556.3 | 551.4
Adjustments for fees and other revenues not within the scope of revenue recognition guidance | 1,123.3 | 1,118.7 | 1,114.0
Total fees and other revenues per consolidated statements of operations | 1,790.4 | 1,675.0 | 1,665.4
Operating Segments | Principal Asset Management |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 2,050.3 | 1,989.6 | 2,077.6
Operating Segments | Benefits and Protection |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 109.7 | 89.8 | 80.1
Operating Segments | Corporate |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 226.3 | 179.2 | 166.7
Adjustments for fees and other revenues not within the scope of revenue recognition guidance | (315.9) | (299.0) | (312.6)
Total fees and other revenues per consolidated statements of operations | (89.6) | (119.8) | (145.9)
Operating Segments | Investment Management | Principal Asset Management |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 1,694.5 | 1,627.6 | 1,743.4
Adjustments for fees and other revenues not within the scope of revenue recognition guidance | 20.9 | 24.4 | 27.4
Total fees and other revenues per consolidated statements of operations | 1,715.4 | 1,652.0 | 1,770.8
Operating Segments | International Pension | Principal Asset Management |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 371.6 | 383.1 | 356.8
Adjustments for fees and other revenues not within the scope of revenue recognition guidance | 5.4 | 5.8 | 5.3
Total fees and other revenues per consolidated statements of operations | 377.0 | 388.9 | 362.1
Operating Segments | Specialty Benefits | Benefits and Protection |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 15.4 | 15.9 | 15.1
Adjustments for fees and other revenues not within the scope of revenue recognition guidance | 17.9 | 18.2 | 18.6
Total fees and other revenues per consolidated statements of operations | 33.3 | 34.1 | 33.7
Operating Segments | Life Insurance | Benefits and Protection |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | 94.4 | 74.0 | 65.1
Adjustments for fees and other revenues not within the scope of revenue recognition guidance | 341.5 | 333.3 | 321.5
Total fees and other revenues per consolidated statements of operations | 435.9 | 407.3 | 386.6
Operating Segments | Benefits And Protection Eliminations | Benefits and Protection |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | (0.1) | (0.1) | (0.1)
Operating Segments | Principal Asset Management Eliminations | Principal Asset Management |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Total segment revenue from contracts with customers | (15.8) | (21.1) | (22.6)
Reconciling items |  |  |
Revenues from Contracts with Customers - Disaggregation of Revenues |  |  |
Adjustments for fees and other revenues not within the scope of revenue recognition guidance | 1,192.4 | 1,200.5 | 1,172.8
Pre-tax other adjustments | $ 74.7 | $ 80.5 | $ 89.2

X
- Definition Amount of fees and commissions from financial services and banking activities and correspondent clearing, excluding contracts with customers and other pre-tax adjustments. + References No definition available. + Details
Name: | pfg_FeesAndOtherRevenuesNotWithinScopeOfRevenueRecognitionGuidance
Namespace Prefix: | pfg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of fees and commissions related to financial service activities including, but not limited to, investment advisory and asset management services, recordkeeping and reporting services, administrative activities and sales of insurance and related services. + References No definition available. + Details
Name: | pfg_InvestmentAdvisoryAssetManagementAndInsuranceFeesAndCommissions
Namespace Prefix: | pfg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of other adjustments before tax in reconciling segment revenues from contracts with customers to consolidated revenues from fees and commissions. + References No definition available. + Details
Name: | pfg_PreTaxOtherAdjustmentsInReconcilingSegmentRevenuesToConsolidatedIncome
Namespace Prefix: | pfg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisaggregationOfRevenueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 924 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-4 + Details
Name: | us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pfg_SegmentRetirementAndIncomeSolutionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pfg_SegmentPrincipalAssetManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pfg_SegmentBenefitsAndProtectionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pfg_SegmentCorporateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsegmentsAxis=pfg_SubsegmentInvestmentManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsegmentsAxis=pfg_SubsegmentInternationalPensionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsegmentsAxis=pfg_SubsegmentSpecialtyBenefitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsegmentsAxis=pfg_SubsegmentLifeInsuranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsegmentsAxis=pfg_SubsegmentBenefitsAndProtectionEliminationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsegmentsAxis=pfg_SubsegmentPrincipalAssetManagementEliminationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidationItemsAxis=us-gaap_MaterialReconcilingItemsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |